Markets Open Higher as Auto Stocks, Broader Market Extend Rally

Indian stock markets opened higher as Sensex climbed 234 points and Nifty neared 24,400, led by a strong rally in auto stocks and broader markets. Positive global cues, record highs on Wall Street, and easing geopolitical concerns lifted sentiment, even as investors tracked rising crude oil prices, a weak rupee and FII flows.

May 7, 2026 - 12:00
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Markets Open Higher as Auto Stocks, Broader Market Extend Rally
Indian stock markets opened higher as Sensex climbed 234 points and Nifty neared 24,400, led by a strong rally in auto stocks and broader markets. Positive global cues, record highs on Wall Street, and easing geopolitical concerns lifted sentiment, even as investors tracked rising crude oil prices, a weak rupee and FII flows.

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